Trader Eugene Ng Ah Sio posted on his personal TG channel, stating: "The market has been very thrilling these past few days, but we've made it through - we were almost ready to cut loss at the bottom, but after seeing BTC rebound from 112 K, we decided to hold on. Now I'm following whether ETH can surge again to 3800–4000 dollars, looking for a short-term opportunity. However, if the market weakens again, the giant baby opinion believes: this is an impossible fantasy. Historically, August and September are months of decline, and the monthly chart shows at least August is also a month of decline. Right now, it's just a weak rebound, the trend has already reversed, and there's a saying that the trend cannot be maintained."